434 South Main StreetNewportNH03773
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Newport at 434 South Main Street, Newport, NH, 03773 priced at $295,000 converts $2,809/mo rent into $832/mo cash flow after a $1,444/mo obligation. Total monthly income equals $2,809/mo, and annual cash flow totals $9,978/yr on $97,793 invested. Return on cash invested prints 30.11% in year one, and rental yield reads 11.43% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 158.24% and total cumulative return in cash sums $154,742. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,809/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Single Family
Built in 1966
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03773, Newport, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,933 (100%) |
| Owner Occupied HU | 2,387 (60.7%) |
| Renter Occupied HU | 1,084 (27.6%) |
| Vacant Housing Units | 462 (11.7%) |
| Median Home Value | $290,749 |
| Average Home Value | $338,144 |
Housing Distribution
Address Breakdown
Residential
3,311
Single Family
3,116
Multi-Family
195
Businesses
295
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Listed by: Buddy Howe • Coldwell Banker LIFESTYLES
Mls Name: PrimeMLS
Mls ID: #5071709